2025-11-17T09:41:02-06:00 2024-12-31 920460586 PWC US TAX LLP 545 NW 26TH ST STE 800 MIAMI FL 331274333 990 2024-01-01 133792400 WTA TOUR INC WTAT 7278955000 100 SECOND AVENUE SOUTH 300-N ST PETERSBURG FL 33701 MARCY WITHINGTON CFO 7273105912 2025-11-17 1 1 STEVEN M DIAZ P01070164 3053757400 2024 2025-03-06 01:10:19Z STEVE SIMON 100 SECOND AVENUE SOUTH 300-N ST PETERSBURG FL 33701 142619279 0 X WWW.WTATENNIS.COM X 1994 NY TO PROMOTE THE GROWTH AND RECOGNITION OF WOMEN'S TENNIS WORLDWIDE. 11 2 131 6 341976 0 0 0 113736755 133836364 4056233 7072199 1197914 1700502 118990902 142609065 0 0 5743236 5886384 21836493 26944982 0 0 0 102365750 114675718 129945479 147507084 -10954577 -4898019 97724474 119193852 108351082 115140502 -10626608 4053350 X WTA TOUR, INC. ORGANIZES, SANCTIONS, ADMINISTERS, GOVERNS AND PROMOTES A SERIES OF WOMEN'S PROFESSIONAL TENNIS TOURNAMENTS WORLDWIDE FOR THE COMMON BENEFIT OF ITS MEMBERS, INCLUDING CURRENT PROFESSIONAL WOMEN TENNIS PLAYERS, PARTICIPATING TOURNAMENTS THAT HAVE RECEIVED A SANCTION, AND THE INTERNATIONAL TENNIS FEDERATION REPRESENTING ITS MEMBER NATIONAL TENNIS ASSOCIATIONS. 0 0 SPONSORSHIPS - THE WTA HAS VARIOUS SPONSORSHIP AGREEMENTS THATPROVIDE FOR ANNUAL FEES. THE WTA HAS CERTAIN OBLIGATIONS UNDERTHESE AGREEMENTS AND HAVE BEEN GRANTED CERTAIN RIGHTS BY THETOURNAMENT CLASS MEMBERS AND PLAYER CLASS MEMBERS AS REQUIRED BYTHESE SPONSORS UNDER THESE AGREEMENTS. TOUR OPERATIONS FEES- REPRESENTS FEES TO THE WTA TOUR TOORGANIZE, ADMINISTER AND GOVERN THE ANNUAL TOUR AS WELL AS FUNDCERTAIN PROGRAM SERVICES EXPENSES. TELEVISION BROADCASTING AND DATA - THE WTA HAS MEDIA RIGHTS AGREEMENTS FOR THE BROADCAST OF CERTAIN TOURNAMENT MATCHES AND LICENSE OF MATCH DATA. THE WTA HAS BEEN GRANTED CERTAIN RIGHTS FROM TOURNAMENT CLASS MEMBERS AND LICENSED EVENTS AS REQUIRED BY THE MEDIA RIGHTS AGREEMENTS. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 183 0 131 1 1 1 1 UK CH HK 0 0 0 0 1 0 X 11 2 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 0 0 FL X MARCY WITHINGTON 7273105912 100 SECOND AVENUE SOUTH 300-N ST PETERSBURG FL 33701 STEVE SIMON CHAIRMAN 40.00 X X 1357575 0 31888 ADAM BARRETT TOURNAMENT CLASS DIRECTOR 10.00 X 130000 0 0 PETER MICHAEL REICHEL THRU 82024 TOURNAMENT CLASS DIRECTOR 5.00 X 25000 0 0 CAMERON PEARSON TOURNAMENT CLASS DIRECTOR 5.00 X 75000 0 0 BOB MORAN TOURNAMENT CLASS DIRECTOR 5.00 X 75000 0 0 ANJA VREG PLAYER CLASS DIRECTOR 0.00 5.00 X 0 115000 0 BRANDON BURKE PLAYER CLASS DIRECTOR (ALT 0.00 5.00 X 0 100000 0 DAVID HAGGERTY FEDERATION CLASS DIRECTOR 5.00 X 0 0 0 KURT ZUMWALT PLAYER CLASS DIRECTOR 0.00 5.00 X 0 100000 0 ALASTAIR GARLAND AS OF 92024 TOURNAMENT CLASS DIRECTOR 5.00 X 50000 0 0 JULIA BOSERUP AS OF 624 PLAYER CLASS DIRECTOR 0.00 5.00 X 0 58333 0 JACKIE NESBITT FEDERATION CLASS DIRECTOR 5.00 X 0 0 0 MATTHEW CENEDELLA THRU 122024 COO AND TREASURER 40.00 X 673542 0 735911 COURTNEY MCBRIDE CORPORATE SECRETARY 40.00 X 298636 0 49468 PORTIA ARCHER AS OF 72024 CHIEF EXECUTIVE OFFICER 40.00 X 484900 0 323420 MARINA STORTI WTA VENTURES CEO 0.00 40.00 X 0 1171239 1187234 FABRICE CHOUQUET SR VICE PRESIDENT 40.00 X 542866 0 60480 MELISSA PINE VICE PRESIDENT 40.00 X 333787 0 30081 KATHLEEN STROIA SR VICE PRESIDENT 40.00 X 308587 0 30269 RUSSELL CLEEVE CHIEF CONSUMER & DIGITAL OFFICER 0.00 40.00 X 0 415070 135987 SARAH SWANSON CHIEF BRAND OFFICER 0.00 40.00 X 0 364412 166604 JOHANNA LAWLER THRU 122023 FORMER PRESIDENT 40.00 X 1427778 0 122074 5782671 2324054 2873416 64 1 1 0 CI GROUP USA LLC 1830 PORT ISABEL ALLEN TX 75013 IT SERVICES 3372159 PROSKAUER ROSE LLP ELEVEN TIMES SQUARE NEW YORK NY 10036 LEGAL SERVICES 2929013 INTERNATIONAL TENNIS INTEGRITY AGENCY LT BANK LANE ROEHAMPTON UK SW15 5XZ ANTI-DOPING AND ANTI-CORRUPTION SERVICES 1844831 CHAPTER X OFFICE 25 OAKTREE COURT BUSINESS CE MILL LANE NESS CHESHIRE UK CH65 8TP BRANDING SERVICES 1293632 ALLEN & COMPANY 711 FIFTH AVENUE NEW YORK NY 10022 FINANCIAL ADVISORY SERVICES 1200000 66 MEDIA RIGHTS 516100 69667721 69667721 SPONSORSHIPS 541800 38420917 38420917 TOUR OPERATIONS FEES 711210 17379775 17379775 TOURNAMENT MEMBERSHIP SALES/FEES 711210 7682143 7682143 PLAYER FINES AND FEES 711210 685808 685808 133836364 7082413 7082413 10214 -10214 -10214 -10214 GRAND SLAM SERVICE FEE 711210 680000 680000 LATE FEES 711210 359829 359829 ONLINE REVENUE 900099 341976 341976 318697 318697 1700502 142609065 134516364 341976 7750725 5886384 3986566 19228567 529830 1455962 1744057 3475017 402486 207637 10845406 2421168 906368 4339201 390120 4558833 621535 119673 3136082 1187772 CONTRIBUTED ASSETS 51100848 SPONSOR EXPENSES 8150315 TOURNAMENT EXPENSES 6697573 BROADCAST/MEDIA EXPENSE 5589449 10526235 147507084 17202117 35426926 3820779 3951242 3308139 3605909 12754373 6941783 5113923 5812590 64721522 67592492 3557994 2804693 97724474 119193852 11197173 15614053 58332192 60547881 5000000 0 33821717 38978568 108351082 115140502 X -10626608 4053350 -10626608 4053350 97724474 119193852 X -4898019 -3685567 6 23263538 X 0 1 X 1 0 604339 165718 438621 12150034 6776065 5373969 5812590 COMMISSIONS PAYABLE 1514454 OTHER LONG-TERM LIABILITIES 2390506 TOURNAMENT PAYABLE 162091 TOURNAMENT COUNCIL PAYABLE 824911 CONTRIBUTED ASSETS PAYABLE 2944320 LEASE LIABILITIES 2655829 DISTRIBUTION PAYABLE TO NONCONTROLLING MEMBER 160000 OTHER CURRENT LIABILITIES 26000000 DUE TO RELATED PARTY 2316457 OTHER PAYABLES 10000 38978568 EAST ASIA AND THE PACIFIC 3 9 PROGRAM SERVICES SPORTING EVENTS 1020600 EUROPE (INCLUDING ICELAND & GREENLAND) 2 53 PROGRAM SERVICES SPORTING EVENTS 3882000 5 62 0 0 5 62 4902600 0 4902600 0 0 1 0 0 1 X 1 1 X 1 0 0 MARINA STORTI WTA VENTURES CEO 0 618167 0 553072 0 0 0 1179866 0 7368 0 2358473 0 0 JOHANNA LAWLER THRU 122023 FORMER PRESIDENT 1327778 0 100000 0 0 0 100000 0 22074 0 1549852 0 0 0 MATTHEW CENEDELLA THRU 122024 COO AND TREASURER 644168 0 26480 0 2894 0 719492 0 16419 0 1409453 0 0 0 STEVE SIMON CHAIRMAN 1344547 0 0 0 13028 0 10350 0 21538 0 1389463 0 0 0 PORTIA ARCHER AS OF 72024 CHIEF EXECUTIVE OFFICER 359648 0 125000 0 252 0 313775 0 9645 0 808320 0 0 0 FABRICE CHOUQUET SR VICE PRESIDENT 521252 0 20578 0 1036 0 31545 0 28935 0 603346 0 0 0 RUSSELL CLEEVE CHIEF CONSUMER & DIGITAL OFFICER 0 332056 0 83014 0 0 0 129098 0 6889 0 551057 0 0 SARAH SWANSON CHIEF BRAND OFFICER 0 347256 0 0 0 17156 0 156640 0 9964 0 531016 0 0 MELISSA PINE VICE PRESIDENT 320195 0 12578 0 1014 0 21883 0 8198 0 363868 0 0 0 COURTNEY MCBRIDE CORPORATE SECRETARY 286545 0 11055 0 1036 0 20533 0 28935 0 348104 0 0 0 KATHLEEN STROIA SR VICE PRESIDENT 296695 0 10877 0 1015 0 20305 0 9964 0 338856 0 0 0 PART I, LINE 1A FIRST-CLASS OR CHARTER TRAVEL: CERTAIN EXECUTIVES AND BOARD MEMBERS ARE ENTITLED TO FIRST CLASS TRAVEL IN COMPLIANCE WITH POLICY. THE VALUE IS NOT TREATED AS TAXABLE COMPENSATION. PART I, LINE 4A THE FOLLOWING INDIVIDUAL RECEIVED PAYMENTS UNDER A VOLUNTARY SEPARATION AGREEMENT FROM THE WTA JOHANNA LAWLER - $1,549,852 FORM 990, PART VI, SECTION A, LINE 1A ALTERNATE DIRECTORS ARE CONSIDERED VOTING MEMBERS DUE TO SPECIFIC RIGHTS GRANTED TO THEM. THESE RIGHTS INCLUDE THE ABILITY TO ATTEND ALL BOARD MEETINGS AT THE ORGANIZATION'S EXPENSE, THE ABILITY TO VOTE IN THE ABSENCE OF A DIRECTOR FROM THE SAME CLASS (PLAYER, TOURNAMENT, ITF) IF THAT DIRECTOR IS PHYSICALLY NOT PRESENT AT A MEETING OR RECUSED FROM VOTING DUE TO A CONFLICT. FORM 990, PART VI, SECTION A, LINE 6 GOVERNING BODY AND MANAGEMENT DOES THE ORGANIZATION HAVE MEMBERS OR STOCKHOLDERS? WTA TOUR, INC. IS A MEMBERSHIP ORGANIZATION WITH 4 CLASSES OF MEMBERS: 1) TOURNAMENT CLASS MEMBERS; 2) PLAYER CLASS MEMBERS; 3) FEDERATION CLASS MEMBER; AND 4) SPECIAL CLASS MEMBER. FORM 990, PART VI, SECTION A, LINE 7A GOVERNING BODY AND MANAGEMENT DOES THE ORGANIZATION HAVE MEMBERS, STOCKHOLDERS WHO MAY ELECT ONE OR MORE MEMBERS OF THE GOVERNING BODY? THE TOURNAMENT CLASS MEMBERS (48), PLAYER CLASS MEMBERS (7), AND FEDERATION CLASS MEMBER (1) ELECT REPRESENTATIVES TO THE BOARD OF DIRECTORS FORM 990, PART VI, SECTION A, LINE 7B GOVERNING BODY AND MANAGEMENT ARE ANY GOVERNANCE DECISIONS OF THE ORGANIZATION RESERVED TO (OR SUBJECT TO APPROVAL BY) MEMBERS, STOCKHOLDERS, OR PERSONS OTHER THAN THE GOVERNING BODY? CERTAIN DECISIONS REQUIRE MEMBER APPROVAL (E.G. AMENDMENTS TO CERTAIN BY-LAWS PROVISIONS) FORM 990, PART VI, SECTION B, LINE 11B ORGANIZATION'S PROCESS FOR REVIEW FORM 990 THE CHIEF FINANCIAL OFFICER REVIEWS THE FORM 990 WITH TAX PREPARER (PRICEWATERHOUSECOOPERS) AND SENIOR MANAGEMENT PRIOR TO FILING THE DOCUMENT WITH IRS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY THE PURPOSE OF THE CONFLICT OF INTEREST POLICY IS TO PROTECT THE BEST INTEREST OF THE WTA WHEN IT IS CONTEMPLATING ENTERING INTO A TRANSACTION OR ARRANGEMENT INVOLVING THE PROVISION OF PROPERTY OR SERVICES, THE PROVIDING OR RECEIPT OF A GUARANTY, LOAN OR GRANT, OR THE ESTABLISHMENT OR TERMINATION OF ANY OTHER TYPE OF FINANCIAL RELATIONSHIP AS WELL AS ANY FORMAL REQUEST SUBMITTED FOR DECISION BY THE BOARD (OR A COMMITTEE WITH BOARD DELEGATED POWERS) THAT MIGHT BENEFIT THE PRIVATE FINANCIAL INTEREST OF AN OFFICER, DIRECTOR, KEY EMPLOYEE, OR COMMITTEE MEMBER. FOR ANY TRANSACTION, ARRANGEMENT OR REQUEST BEING CONSIDERED THE BOARD (OR A COMMITTEE), AN OFFICER, DIRECTOR, KEY EMPLOYEE, OR COMMITTEE MEMBER MUST DISCLOSE THE EXISTENCE OF ANY FINANCIAL INTERESTS, AND THE NON-CONFLICTED DIRECTORS (OR COMMITTEE MEMBERS) DETERMINES WHETHER THE INTEREST CONSTITUTES A CONFLICT OF INTEREST. AN INDIVIDUAL WITH A CONFLICT OF INTEREST MAY NOT BE PRESENT AT OR PARTICIPATE IN THE BOARD (OR COMMITTEE) DELIBERATION OR VOTE ON THE TRANSACTION OR ARRANGEMENT GIVING RISE TO SUCH CONFLICT. ANY ATTEMPT BY THE CONFLICTED INDIVIDUAL TO IMPROPERLY INFLUENCE THE DELIBERATION OR VOTING ON THE MATTER IS PROHIBITED. PRIOR TO THE INITIAL ELECTION OF A DIRECTOR, AND ANNUALLY THEREAFTER, SUCH DIRECTOR MUST COMPLETE, SIGN AND SUBMIT A WRITTEN STATEMENT IDENTIFYING, TO THE BEST OF THEIR KNOWLEDGE, ANY ENTITY OF WHICH SUCH DIRECTOR IS AN OFFICER, DIRECTOR, TRUSTEE, MEMBER, OWNER, OR EMPLOYEE AND WITH WHICH THE WTA HAS A RELATIONSHIP, AND ANY TRANSACTION IN WHICH THE WTA IS A PARTICIPANT AND IN WHICH THE DIRECTOR MIGHT HAVE A CONFLICTING INTEREST. FORM 990, PART VI, SECTION B, LINE 15A DETERMINING COMPENSATION THE COMPENSATION FOR THE ORGANIZATION'S CEO IS DETERMINED BY THE FINANCE AND AUDIT COMMITTEE AND APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 AVAILABITY OF GOVERNING DOCUMENTS, CONFLICT POLICY AND FINANCIAL STMTS. CERTIFICATE OF INCORPORATION IS ON FILE WITH THE STATE OF NEW YORK. GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: UNREALIZED GAIN ON CURRENCY EXCHANGE -254,296. CHANGE IN ADDITIONAL PAID-IN CAPITAL ATTRIBUTABLE TO WTA TOUR, INC 28,859,152. CHANGE IN ACCUMULAED OTHER COMPREHENSIVE LOSS ATTRIBUTABLE TO WTA TOUR, INC -1,993. ACCUMULATED OTHER COMPREHENSIVE LOSS - NONCONTROLLING INTEREST -173. ISSUANCE OF NONCONTROLLING MEMBER INTEREST IN WTA VENTURES 1,140,848. DISTRIBUTIONS TO NONCONTROLLING MEMBER OF WTA VENTURES -6,480,000. WOMEN'S TENNIS BENEFIT ASSOCIATION INC 111 SOUTH BEDFORD ST STE 108 BURLINGTON MA 01803 311618547 SPORTS AFFIL. MA 501(C)(6) N/A 0 WTA FOUNDATION INC 100 SECOND AVENUE SOUTH STE 300-N ST PETERSBURG FL 33701 813707788 CHARITY FL 501(C)(3) LINE 7 WTA TOUR INC 1 WTA VENTURES LLC 100 2ND AVENUE SOUTH SUITE 300N ST PETERSBURG FL 33701 365049569 SPECTATOR SPORTS FL WTA TOUR INC RELATED OR EXEMPT 78255915 83503490 0 0 0.92000 WTA TOUR (HONG KONG) LIMITED - FOREIGN ROOM D 10TH FLOOR TOWER A BILLIO KOWLOON HK 999077 SPECTATOR SPORTS HK WTA TOUR C -2456 110643 1.00000 1 BEIJING WTA TOUR CONSULTING CO LTD - FOREIGN ROOM 309 FLOOR 3 TOWER D VANTONE BEIJING CHAOYANG CH 100020 SPORTS CONSULTING CH WTA HONG KONG C 18044 1169669 1.00000 1 SHENZHEN WTA TOUR CONSULTING CO LTD - FOREIGN UNIT A03-2641-04 26F ANLIAN PLAZA SHENZHEN FUTIAN CH SPORTS CONSULTING CH WTA HONG KONG C -23502 45349 1.00000 1 WTA TOUR (UK) LIMITED OLD PRINTERS YARD 156 SOUTH ST DORKING SURREY UK RH4-2HF SPECTATOR SPORTS UK WTA TOUR C 1.00000 1 WTA VENTURES (UK) OPERATIONS LIMITED 2 NEW STREET SQUARE LONDON UK EC4A 3HQ SERVICES UK WTA TOUR C 414714 2277095 0.96000 1 1 1 0 1 1 0 0 0 0 0 0 1 1 1 1 0 0 0 0 BEIJING WTA TOUR CONSULTING CO LTD D 625840 FMV BEIJING WTA TOUR CONSULTING CO LTD E 551409 FMV SHENZHEN WTA TOUR CONSULTING CO LTD M 60575 FMV WTA FOUNDATION INC N 180 FMV WTA FOUNDATION INC O 600 FMV WTA TOUR (HONG KONG) LIMITED D 4673710 FMV WTA TOUR (HONG KONG) LIMITED L 83301 FMV WTA VENTURES (UK) OPERATIONS LIMITED D 1372521 FMV WTA VENTURES (UK) OPERATIONS LIMITED E 1696 FMV WTA VENTURES (UK) OPERATIONS LIMITED L 2935516 FMV WTA TOUR (HONG KONG) LIMITED M 62864 FMV WTA VENTURES LLC A 56226 FMV